(Telecom-NewsWire.Net, January 08, 2018 ) The management of cold chain logistics services is a complex process compared to general logistics services. Cold chain logistics carry temperature-sensitive assets, which are prone to product damage if the assets are not maintained under specified temperatures. The management of temperature sensitive products is more complex in cross-border logistics services due to fluctuations in climatic conditions. Temperature controlled logistics services are availed by firms operating businesses based on perishable commodities across different verticals (such as pharmaceuticals, food, and the retail industry). Temperature controlled logistics technology requires IT solutions to capture, store, and analyze real-time information retrieved from cold chain containers and vehicles.
Publisher's analysts forecast the global IT spending in cold chain logistics market to grow at a CAGR of 8.36% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global IT spending in cold chain logistics market for 2016-2020. To calculate the market size, the report considers the hardware, and IT services spending on cold chain logistics services provided by pure-play and 3PLs temperature controlled firms.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global IT Spending in Cold Chain Logistics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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